Tag Archives: News

Cypherpunk – a leader in the blockchain, metaverse, and cryptography sectors – has recently invested more than $500,000 into the AB Digital Strategies Fund managed by Isla Capital. The company made a $250K investment in February and the second investment a few weeks ago in April. Cypherpunk Gives Half a Million Dollars to Digital Strategies Fund Jeff Gao – the CEO of Cypherpunk – said that he is trying hard to ensure the company moves away from cash and traditional...

Lazarus – the North Korean hacking group – is back in the news again today, this time because the organization is reportedly using apps to track those involved in the cryptocurrency space. Lazarus Is Doing Everything to Obtain Crypto Among the law enforcement agencies that have discovered this new activity from Lazarus are CISA, the US Treasury Department, and the Federal Bureau of Investigation (FBI). All three organizations are now banding together as a means of...

Pro Shares should be a name that everyone in the crypto space knows and understands. Not long ago (during the summer of 2021), the company unveiled a real bitcoin-based exchange-traded fund (ETF). Pro Shares and the Success of Its ETF The product was not based on actual bitcoins but on futures technology. This got a lot of people talking negatively about it early, though many other analysts felt that while it was inferior to spot trading, it was a step in the right...

Surojit Chatterjee is the chief product officer of Coinbase, one of the largest and most established crypto exchanges in the world. He recently emerged at a conference talking about India’s recent decision to implement a custom it first began roughly four years ago. It appears all banks in India are once again pulling support for crypto payments. India and Crypto… A Complicated Relationship This is very similar to what occurred in 2018. At that time, all banks in India...

The Gemini exchange in New York is introducing a new credit card that will provide crypto-based rewards to its customers. Gemini Is Establishing a New Crypto Rewards Card Individuals who use the credit card for purchases will earn cash back in crypto. Known as the Gemini Credit Card, the item gives three percent cash back in bitcoin or other forms of crypto to customers using it for dining purposes. They can also get two percent when they use their cards for groceries,...

Is bitcoin still a good hedge against inflation? According to OK Coin CEO Hong Fang, the answer is a resounding “yes.” Hong Fang: Bitcoin Can Still Fight Inflation The argument of bitcoin serving as a hedge against inflation has been going on for years. This argument especially took precedence during the early days of COVID. At the time, everyone was losing their jobs left and right and were being forced to stay home. Businesses were closing, and the economy was in a...

Eng Taing is a real estate investor who loves making money. So much so that he’s now getting into crypto. Aside from putting his money into the housing market, he’s now established a new crypto mining firm consisting of about 261 machines. Eng Taing Has Set Up a Successful BTC Mining Firm In a recent article, Taing says that while crypto isn’t necessarily his first love, he sees the industry has a lot of potential. Thus, he wants to be in on the wealth secrets that the...

Bitcoin cash price started a fresh decline from the $300 resistance against the US Dollar. The price is now trading below the $280 zone and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $281 on the 4-hours chart of the BCH/USD pair (data feed from Coinbase). The pair remains at a risk of a downside break below the $270 support zone in the near term. Bitcoin cash price is struggling below $300 against the US...

Leave it to the Fed to say something stupid that ultimately brings down the prices of bitcoin and many of its altcoin cousins. The world’s number one digital currency is now trading for just over $40K at the time of writing after Jerome Powell of the Federal Reserve commented that the agency is looking to hike rates again next month as a way of combating inflation. The Fed Will Hike Rates Again In addition to bitcoin, assets like Ethereum fell by more than five percent,...

A legislator from Rhode Island wants to introduce a new green digital currency that will help with the state’s ongoing issues surrounding the climate and homelessness. The currency is being introduced by representative Carlos E. Tobon, a democrat from Pawtucket. Rhode Island Moves Forward with Green Crypto Plans The plan would be that the United Nations or some other government agency would provide property owners with green units if they built homes that rely on...